Form 4: General Dynamics Senior Vice President Reports Stock Transactions
SEC Form 4 Filing
Marguerite Amy Gilliland, a Senior Vice President at General Dynamics, reported the withholding of shares to cover tax obligations and share activity within the company's 401(k) plan.
Summary
- On March 4, 2024, Marguerite Amy Gilliland, a Senior Vice President at General Dynamics, reported transactions involving General Dynamics common stock.
- 1,434 shares were withheld to cover tax obligations related to the release of restricted shares at a price of $273.37.
- Gilliland directly owns 42,723 shares of General Dynamics common stock following the reported transaction.
- Gilliland also indirectly owns 787.35 shares through the General Dynamics 401(k) plan, which includes share activity since the last ownership report.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard equity compensation practices at General Dynamics.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations and 401(k) activity.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of the stock transaction (withholding of shares for tax obligations). |
| 03/06/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.